• In February 2024, Bosch introduced an AI-powered automated parking system capable of navigating complex urban structures, enabling seamless vehicle parking and retrieval in densely populated areas.

• In December 2022, Volvo Cars partnered with a tech firm to develop a fully automated parking system for future EVs, aiming to boost driver convenience and eliminate the need for manual parking.

In this report, the Automated Parking System Market has been segmented by Automation level, System Type, Platform type, Design Model, Parking level, End-User, and Geography.

Automated Parking System Market, Segmentation by Automation Level

The Automated Parking System Market has been Segmented by Automation Level into Semi-Automated and Fully-Automated.

Semi-Automated

The semi-automated parking system segment holds a significant share in the market, largely due to its cost-effectiveness and ease of integration with existing infrastructure. These systems typically assist drivers with functions like vehicle positioning and retrieval but still require some human intervention. They account for approximately 55% of the automated parking system market. Increasing urbanization and the need for efficient space management are driving their adoption, especially in densely populated cities.

Fully-Automated

The fully-automated parking system segment is witnessing faster growth, driven by rising demand for seamless parking experiences and smart city initiatives. These systems operate without human intervention, offering improved convenience and maximizing space utilization. With growing investments in smart infrastructure, this segment is projected to expand its market share, currently estimated at around 45%. Technological advancements and the emphasis on reducing carbon emissions further support the rise of fully-automated solutions.

Automated Parking System Market, Segmentation by System Type

The Automated Parking System Market has been Segmented by System Type into Hardware and Software.

Hardware

The hardware segment forms the backbone of the automated parking system market, accounting for nearly 65% of the overall market share. It includes components like sensors, controllers, elevators, and mechanical platforms that enable the physical movement and positioning of vehicles. The rising adoption of automation in urban infrastructure and the need for reliable mechanical solutions are major drivers for this segment’s growth. Continuous technological upgrades are further enhancing system efficiency and operational reliability.

Software

The software segment, contributing around 35% of the market, plays a critical role in managing and optimizing parking operations. This includes real-time monitoring, system integration, data analytics, and remote access capabilities. As the demand for intelligent and user-friendly interfaces increases, software solutions are gaining traction. The segment benefits from rising investments in IoT-enabled platforms and the growing focus on data-driven automation.

Automated Parking System Market, by Platform Type

The Automated Parking System Market has been Segmented by Platform Type into Palleted and Non-palleted.

Palleted

The palleted platform type segment contributes to approximately 58% of the automated parking system market, favored for its controlled vehicle handling and reduced risk of damage. In this system, vehicles are placed on pallets or trays that mechanically transport them within the parking structure. Palleted systems are highly preferred in environments where vehicle safety and precision positioning are prioritized. Their modular design also supports flexible integration in both residential and commercial projects.

Non-palleted

The non-palleted segment, accounting for around 42% of the market, is gaining popularity due to its cost efficiency and faster vehicle retrieval times. Unlike palleted systems, these platforms directly handle vehicles using robotic arms or shuttle-based systems, eliminating the need for intermediary pallets. This design reduces structural complexity and is increasingly adopted in space-constrained urban areas seeking high throughput parking solutions.

Automated Parking System Market, by Design Model

The Automated Parking System Market has been Segmented by Design Model into Hydraulic and Electro-Mechanical.

Hydraulic

The hydraulic segment accounts for nearly 47% of the automated parking system market, known for its high lifting capacity and cost-effective installation. These systems rely on fluid-based mechanisms to move vehicles vertically and are often used in low to mid-rise structures. Their reliability and ease of maintenance make them a preferred choice for residential and small commercial applications. However, they are less suited for high-frequency operations due to slower cycle times.

Electro-Mechanical

The electro-mechanical segment, holding around 53% of the market share, is gaining momentum due to its precision control, energy efficiency, and suitability for high-density parking. These systems use electric motors and gear mechanisms for vehicle movement, enabling faster and smoother operations. With increasing demand for smart automation and integration with IoT platforms, electro-mechanical designs are becoming the go-to option for commercial and mixed-use developments.

Automated Parking System Market, by Parking Level

The automated parking system market is Segmented by Parking Level into Less Than Level 5, Level 5-Level 10, and More Than Level 15.

Less Than Level 5

The less than level 5 segment holds a notable share in the automated parking system market, accounting for around 38%. These systems are typically deployed in residential buildings, low-rise commercial complexes, and areas with moderate parking demand. Their lower construction cost and simplified mechanical structure make them attractive for developers seeking space optimization without high infrastructure complexity.

Level 5–Level 10

The level 5 to level 10 category represents approximately 42% of the market, offering a balance between space efficiency and scalability. These systems are increasingly used in mixed-use developments and urban commercial zones, where parking demand is moderate to high. They are ideal for mid-rise structures and support higher vehicle throughput with manageable construction and operational costs.

More Than Level 15

The more than level 15 segment, though currently smaller with about 20% market share, is gaining traction due to the surge in high-rise developments and urban space constraints. These large-scale systems are designed for high-density parking in metropolitan cities, offering maximum space utilization in vertical structures. Advanced automation technologies and integrated control systems are critical to managing these complex setups efficiently.

Automated Parking System Market, Segmentation by End-User

The Automated Parking System Market has been segmented by End-User into Commercial, Residential and Mixed-Use.

Commercial

The commercial segment dominates the automated parking system market with a share of approximately 48%, driven by growing demand in shopping centers, airports, office complexes, and hotels. These systems offer high vehicle throughput, optimized space usage, and improved traffic flow management, making them ideal for high-traffic urban areas. Commercial deployments often emphasize scalability and integration with smart infrastructure.

Residential

The residential segment contributes about 32% to the market, with adoption growing in urban housing projects and premium residential complexes. These systems cater to the rising need for secure, space-saving parking solutions in high-density living areas. The ability to provide private and convenient parking with minimal space requirements makes them increasingly attractive to developers and homeowners.

Mixed-Use

The mixed-use segment holds an estimated 20% share and is growing rapidly due to the emergence of multi-functional buildings that combine residential, retail, and commercial spaces. These projects demand flexible and adaptive parking systems that can serve diverse user groups. Automated parking enhances the user experience while also improving space efficiency and operational flow in complex developments.

Automated Parking System Market, Segmentation by Geography

In this report, the Automated Parking System Market has been segmented by by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.

Automated Parking System Market Share (%), by Geographical Region

North America

North America holds a substantial share of approximately 30% in the automated parking system market, fueled by advanced urban infrastructure and growing demand for smart mobility solutions. The U.S. leads the region with significant investments in smart cities and automated vehicle technologies. The emphasis on space optimization in densely populated urban centers further boosts regional adoption.

Europe

Europe accounts for around 28% of the global market, driven by strict environmental regulations, urban planning policies, and a strong focus on reducing traffic congestion. Countries like Germany, France, and the Netherlands are deploying automated parking in sustainable building projects and historic city centers where space is limited. Integration with green building standards is also promoting adoption.

Asia Pacific

Asia Pacific leads the market with over 32% share, propelled by rapid urbanization, rising vehicle ownership, and increasing adoption of smart city initiatives in countries like China, Japan, and South Korea. Governments and private sectors are heavily investing in automated infrastructure to manage urban parking challenges and enhance land-use efficiency.

Middle East and Africa

The Middle East and Africa region holds a growing share of about 6%, supported by developments in luxury real estate and infrastructure modernization in countries like the UAE and Saudi Arabia. Automated parking is being incorporated into smart buildings and urban redevelopment projects, where maximizing parking space and offering premium convenience is essential.

Latin America

Latin America represents nearly 4% of the market and is gradually adopting automated parking systems in response to urban congestion and limited real estate availability. Countries like Brazil and Mexico are beginning to implement these solutions in commercial hubs and public infrastructure projects, supported by growing awareness of space-saving technologies.

This report provides an in depth analysis of various factors that impact the dynamics of Automated Parking System Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.

Drivers, Restraints and Opportunity Analysis

Drivers:

Key players in Automated Parking System Market include

• Skyline Parking
• Westfalia Parking
• Unitronics Corporation
• Klaus Multiparking Systems
• Robotic Parking Systems Inc.
• Fata Automation
• Citylift
• Parkplus
• Wohr
• Parkmatic
• Eito&Global Inc.
• Automotion Parking Systems.

In this report, the profile of each market player provides following information:

• Company Overview and Product Portfolio
• Market Share Analysis
• Key Developments
• Financial Overview
• Strategies
• Company SWOT Analysis